432 Diplomat PKWY W, Cape Coral, FL 33993

Land
Built in ——
3,123sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Lot is too small to build on without adding other nearby lots. Seller does own lot 430 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Lot is too small to build on without adding other nearby lots. Seller does own lot 432 Diplomat PKWY W also that is listed. Great for investors wanting to accumulate commercial property in a growing area. Prime Investment Opportunity at 432 Diplomat Pkwy W, Cape Coral, FL 33993. Seize this exceptional chance to acquire a strategically located parcel & its adjacent parcel, in the rapidly developing area of Cape Coral - the lot presents a unique investment prospect, especially when combined with the adjacent property at 430 Diplomat Pkwy W, also available for purchase. Key Features: strategic Location: Nestled in a burgeoning commercial district, this property offers significant potential for future development. Investment Potential: Ideal for investors aiming to consolidate parcels for larger-scale projects, enhancing the property's utility and value. Opportunity Under the Live Local Act: The recently enacted Live Local Act in Florida is designed to boost affordable housing by allowing administrative approval of multi-family and mixed-use residential developments in commercial zones. This legislation provides investors with avenues to develop affordable housing projects, potentially benefiting from various incentives and streamlined processes. Considerations:Given the lot's current size constraints for standalone development, acquiring adjacent parcels, such as 430 Diplomat Pkwy W, is advisable to meet building requirements and fully capitalize on the property's potential. 432 Diplomat Pkwy W represents a promising investment for those looking to participate in Cape Coral's growth. By leveraging opportunities presented by the Live Local Act and considering parcel consolidation, investors can unlock substantial value in this property.

Listing Status:: Active
Date Added:: February 24, 2025 at 06:00AM
Listing Office:: Realty One Group MVP : (800) 896-8790
Listing Agent:: James Hunter : (239) 210-8973
MLS ID:: 225020912

Road/Access: Paved
HOA Amenities: 0.0
Originating MLS: SWFL
County: Lee

This listing courtesy of James Hunter, Realty One Group MVP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hector A. Cafferata, Jr. Elementary School

250 Santa Barbara Blvd N, Cape Coral, FL, 33993

Grades KG-5

1.79 miles away

Mariner Middle School

425 Chiquita Blvd N, Cape Coral, FL, 33993

Grades 6-8

2.00 miles away

Cape Coral Technical College

360 Santa Barbara Blvd N, Cape Coral, FL, 33993

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.